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Now that the mid-Atlantic region is getting hit by a second (and in some cases third) wave of infections, it's all downhill from the record print.

The Labor Differential improved to 6.6 (jobs are easier to get) - its highest since March - but plans to buy cars and major appliances slumped (homes rose modestly) as expectations for income gains in the next 12 months dropped.

...if we treat pollsters the way we do central banks, we will simply increase their budgets so they can tell us --inaccurately-- what more people are thinking about more aspects of their lives...

It makes Musk the world's fourth richest person...

Case-Shiller reported a 5.18% YoY gain - the fastest pace of acceleration since August 2018.

China keeps telling the world to stop buying the yuan, and the world keeps refusing to listen.

...headline durable goods orders remain (marginally) lower on a YoY basis (-0.4%) and below February's pre-COVID levels...

In an economy that is $75 Trillion in debt, requires $5.50 of debt per $1 of growth, and running a $3 Trillion deficit, rates can’t rise much... Which is also why the Federal Reserve is now forever trapped at zero.

"As Covid infections have picked up, the focus on further policy response has shifted to more monetary easing including additional asset purchases."

CAT "is typically seen as a bellwether for the economy, so analysts looking for hints as to how the recovery from the pandemic is progressing were likely disappointed."

"The growing insignificance of the U.S. market explains to you why Las Vegas Sands is looking to offload..." 

Its the latest in a wave of massive consolidation in the semiconductor industry...

"We certify the DR10 molecule as a highly effective antiviral in the fight against Covid-19." 

“Elections have consequences.”

...sentiment rises following beheading of teacher.

Lowering attrition will also allow the bank to cut down on costs associated with spying on its most productive employees.

How much longer can the MSM ignore this?

Unlike what candidate Biden wants to do, the next US president should not copy the European Union... we know that the March measures and aggressive lockdowns were a grave mistake...

"I had a feeling that if I did this, the police would take it up with me." 

The previous two ceasefires collapsed immediately after their formal start. Moreover, the current situation on the frontline does not sit well with the goals of both sides...